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Lockdown restrictions cast shadow over economic outlook

Irish property values increased in 2020 despite Covid-19 challenges

Irish property values increased in 2020 despite Covid-19 challenges The average value of second-hand homes across Ireland increased by 0.6% in the last three months of 2020, totalling 1.2% growth across the whole year. Fri, 01 Jan, 2021 - 00:00 Greg Murphy Property values in the Irish second-hand home market remained robust in 2020, despite the profound economic impact brought on by the Covid-19 pandemic. According to the estate agent Sherry Fitzgerald there was a moderate increase throughout the year. The average value of second-hand homes across Ireland increased by 0.6% in the last three months of 2020, totalling 1.2% growth across the whole year. In Dublin, prices increased by 0.4% in the final three months, the strongest quarterly growth in two and a half years, while the 2020 average growth in the capital was 0.5%.

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